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Posted on 11/25/14 at 3:05 pm to Ambassador
Don't google the thousands of pieces of information on it.
Posted on 11/25/14 at 3:05 pm to stout
quote:
The owner can purchase it under the business but still personally sign the note and be held liable. Happens all of the time.
No doubt, but it's an important distinction.
Posted on 11/25/14 at 3:05 pm to stout
quote:
The owner can purchase it under the business but still personally sign the note and be held liable. Happens all of the time.
Personal guarantee. I have to do it with some of my vendors.
Posted on 11/25/14 at 3:06 pm to Ambassador
Is he rushing the transaction? If so, and if he knows you can't get in touch with your counsel, this seems like a big red flag, too.
Posted on 11/25/14 at 3:08 pm to Ambassador
Of course. File a UCC.
Posted on 11/25/14 at 3:09 pm to CroakaBait
quote:
Is he rushing the transaction? If so, and if he knows you can't get in touch with your counsel, this seems like a big red flag, too.
No, he has been asking for this deal awhile, about a month. I am just now considering it.
Interestingly, I just received a call from a gentlemen in Shreveport and he offered me $7000 for it.
Posted on 11/25/14 at 3:09 pm to piratedude
Sounds like a question business owners ask ourselves almost daily.
"Is the potential profit worth the risk of loss, or is the real risk just to break even?"
Based on the OP's comments, he's not too far from break even with the deposit.
Good luck, OP. Make it happen!
"Is the potential profit worth the risk of loss, or is the real risk just to break even?"
Based on the OP's comments, he's not too far from break even with the deposit.
Good luck, OP. Make it happen!
Posted on 11/25/14 at 3:29 pm to Slingin Pickle
quote:
Can we see a picture of said smoker?
And blueprints?
Posted on 11/25/14 at 3:35 pm to sean5340
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